Jim Cramer Highlighted 12 Stocks Recently

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1. DaVita Inc. (NYSE:DVA)

Number of Hedge Fund Holders: 43

DaVita Inc. (NYSE:DVA) is one of the stocks Jim Cramer highlighted recently. Cramer called its share buybacks over the last decade “big,” as he remarked:

“So which of his (Goldman Sachs analyst David Kostin) buyback aristocrats are the best of the best? Now this is what I like to do because I am a stock picker: I like to go through these lists, and there’s a number of names on them. I’m looking for stocks that I’m already a fan of that I think can go higher off their own fundamentals. Now there are a whole bunch of characteristics that Kostin chooses to accentuate, but I’m gravitating to the column that highlights the average annual change in share count during the past 10 years. This is the hard part.

In terms of just closing your eyes and buying stocks that have a large share count shrinkage, DaVita’s number one. Now, this is a kidney dialysis company that has indeed retired 9% of its share count annually for the last 10 years. That’s big. But you see, it’s not something I want to buy with RFK Junior anywhere near the specialty medicine business.”

DaVita Inc. (NYSE:DVA) delivers kidney dialysis treatment through outpatient centers, hospitals, and home-based care, supported by laboratory testing and physician services. The company also provides integrated kidney care, disease management, clinical research, and transplant software solutions.

While we acknowledge the potential of DaVita Inc. (NYSE:DVA) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DVA and that has 100x upside potential, check out our report about this cheapest AI stock.

READ NEXT: 20 Best AI Stocks To Buy Now and 30 Best Stocks to Buy Now According to Billionaires.

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